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The Snack Pellet Equipment Market is estimated to grow at CAGR 3% during the forecast period 2021-2026.
The snack pellet segment is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, the increasing consumer preference for processed foods contributes to the growing demand for snack pellets as they require less time and effort to prepare. This, in turn, has contributed to the growth of the snack pellet equipment market. Easy availability is also one such factor, which significantly impacts the consumption and demand for snack pellets.
The extrusion segment is estimated to dominate the global snack pellet equipment market. The food industry requires high-quality and reliable equipment with advanced functionalities to produce effective results and satisfy the needs of consumers. Manufacturers in the snack pellet extrusion market are mainly focusing on producing various forms of snack pellets for their customers globally.
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Key Trends Shaping the Snack Pellet Equipment Market
The report "Snack Pellet Equipment Market Product Type (Potato-Based, Corn-Based, Rice-Based, Tapioca-Based, Multigrain-Based), Form (2D, Tridimensional, Die-Faced), Equipment Type (Extrusion, Mixing, Cutting, Drying, Frying, Seasoning), and Region - Global Forecast to 2025" The snack pellet equipment market is estimated to account for nearly USD 1.0 billion in 2019 and is projected to reach a value of nearly USD 1.4 billion by 2025, recording a CAGR of 5.2% from 2019. Due to busy lifestyles and professional commitments, individuals have limited time to prepare food at home. The snack pellet market is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, increasing consumer preference for processed foods indirectly contributes to the growing demand for snack pellets as they require less time and efforts to prepare. This, in turn, is projected to drive the growth of the snack pellet equipment market.
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By product type, the potato-based segment is estimated to account for the largest share in the snack pellet equipment market in 2019.
On the basis of product type, the potato-based segment is estimated to dominate the snack pellet equipment market in 2019. This is due to the increasing consumer preference for convenience foods, which indirectly drives the increasing demand for snack pellets products, as they require less time and efforts. Currently, snack pellet manufacturers are focusing on adopting advanced technologies and offering GM potatoes to drive the demand for potato pellets. GM potatoes are protein-packed potatoes with approximately 35%–60% protein content, which makes it more preferable. This, in turn, is projected to drive the growth of the snack pellet equipment market.
The snack pellet equipment market is projected to witness strong growth due to the increasing advancements in equipment and technologies.
Earlier, snack pellet manufacturers used different extruders for making pellets based on various raw materials that have different characteristics and cooking time. However, with the upgradation and automation, snack pellet manufacturers are adopting extrusion systems that produce three-dimensional pellets, thus providing better end products to its customers. Moreover, advanced manufacturing processes enhanced the bulk production capacity and shelf life of pellets, prior to frying or puffing. In addition, these improvements in the manufacturing process offer advantages such as innovative designs and capital cost reduction, which is projected to contribute to the market growth.
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North America is estimated to dominate the snack pellet equipment market in 2019.
North America is estimated to account for the largest market share in the snack pellet equipment market in 2019. The North American region witnesses the presence of various established snack pellet manufacturing companies that are increasing their production capacity due to the rising demand for ready-to-eat snacks. This is projected to create an opportunity for manufacturers in the snack pellet equipment market to expand in North America. Busy lifestyles of consumers reduce the time available for homemade snacks; this increases the demand for convenience foods. In addition, increasing health consciousness and concerns for food safety have encouraged the production of light and convenient snack foods such as snack pellets. These factors are projected to drive the snack pellet equipment market during the forecast period.
This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the snack pellet equipment market. It also includes the profiles of leading companies such as Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India), Tsung Hsing Food Machinery Co., Ltd. (Taiwan), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India), and Radhe Equipments India (India).
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Snack Pellet Equipment Market Analysis By Industry Share, Merger, Acquisition, Size Estimation, New Investment Opportunities, Statistics, Overview, and Forecast till 2026
The market report study titled ‘Snack Pellet Equipment published by Reports and Data offers in-depth and comprehensive research describing the scope of the market and market insights until 2026. The report will include details about potential opportunities, new projects, financial situations, constructive business strategies, and an outlook on the industry forecast. The report aims to provide an in-depth analysis of the market impacted by the current pandemic. The COID-19 crisis has dynamically changed the economic scenario on a global level. The report is updated with the latest COVID-19 incidence, economic landscape, and present and future impact of COVID-19 on the market.
The research report further studies the growth driving and restraining factors impacting the regional market and competitive landscape of the business sphere. The study also offers deeper insights into the challenges and hurdles the established companies and new entrants might face in the Snack Pellet Equipment industry.
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Competitive Analysis of the Snack Pellet Equipment Market:
The Snack Pellet Equipment Market is further segmented into key players operating in the Snack Pellet Equipment industry. The major companies profiled in the report include Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India)
The Snack Pellet Equipment offers a detailed analysis of the product portfolio, key trends, applications, and a thorough value chain analysis. The report further covers strategic initiatives taken by each player in order to gain a footing in the market and expand their global reach. This includes mergers and acquisitions, product launches, joint ventures, collaborations, government deals, partnerships, and others.
Market Segmentation:
For the purpose of this report, Reports and Data have segmented into the global Snack Pellet Equipment market on the basis of synthesis, source, form, type, application, and region:
Equipment Type (Revenue in Million USD; 2016–2026)
Single-Screw Extruder
Twin-Screw Extruder
Product Type (Revenue in Million USD; 2016–2026)
Cereals
Legumes
Form Outlook (Revenue in Million USD; 2016–2026)
2D
Tridimensional
Die-Faced
Laminated
Gelatinized
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The segmentation section offers pivotal insights into revenue generated as well as volume estimations for each product type and application. The report also offers projections about the product or application segment expected to dominate the market in the coming years. It also highlights the trends of the market and offers a granular assessment of the supply chain.
Regional Analysis:
The report analyzes the market spread across key regions of the world and offers an assessment of the regional market pertaining to the growth rate, sales channels, and revenue generation. Furthermore, the key regions are also assessed for production and consumption rate, import/export, revenue contribution, market share and size, and the market presence of the prominent players in each region.
Key regions analyzed in the report are:
• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, France, Spain, Rest of EU)
• Asia Pacific (India, Japan, China, Rest of APAC)
• Latin America (Brazil, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, Rest of MEA)
Radical Highlights of the Report:
· Valuable insights about the with regards to market size, market share, valuations, and growth rate
· Provides an 8-year forecast for the years 2020-2026, considering 2017 and 2018 as historical years, 2019 as the base year, and 2026 as the forecast year
· Extensive analysis of the technological advancements, government regulatory framework, along with recent R&D and product advancements
· Growth analysis and projections until 2026
· Statistical analysis of the prominent players of the market
Key Questions Answered by the Report:
· What are the key driving factors of the Snack Pellet Equipment industry?
· Which segment and sub-segment are expected to show significant growth during the forecast period?
· What will the market size and growth rate be throughout the forecast period?
· Who are the prominent players of the Snack Pellet Equipment industry?
· What are the technological advancements and product developments taking place in the Snack Pellet Equipment market?
· Which region is expected to dominate the market in the coming years?
· What are the key outcomes of the SWOT analysis and Porter’s Five Forces analysis?
· What are the key risk factors and challenges the companies will face in the market?
· What factors are expected to hinder the growth of the Snack Pellet Equipment industry
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Snack Pellet Equipment Market Overview & Potential Growth Opportunities 2027
Increasing adoption for processed snack pellets due to busy lifestyles is driving the demand for snack pellet equipment market. Furthermore, the rise in advancement in equipment & technologies of snack pellet is also projected to influence the snack pellet equipment market significantly. Moreover, the growing demand for various type of snack pellet food products among the individual in the developing nations is expected to fuel the snack pellet equipment market. Emerging, government initiatives to expand the processed snack pellet market, is anticipated to generate untapped opportunity for the market participants. The "Global Snack Pellet Equipment Market Analysis to 2027" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of snack pellet equipment market with detailed market segmentation by equipment type, product type, form and geography. The global snack pellet equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading snack pellet equipment market players and offers key trends and opportunities in the market.
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KEY PLAYERS
AC Horn Manufacturing
Clextral S.A.S.
GEA Group AG
Grace Food Processing & Packaging Machinery.
Jas Enterprises.
Kiremko BV
NP & Company, Inc. Uno Building
Radhe Equipments India
The Bühler Holding AG
TSUNG HSING FOOD MACHINERY CO., LTD.
MARKET SEGMENTATION
The global snack pellet equipment market is segmented on the basis of equipment type, product type and form. Based on equipment type, the market is segmented into extrusion/cooking, mixing/forming, cutting, drying, frying, seasoning and others. On the basis of the product type the market is segmented into potato-based, corn-based, rice-based, tapioca-based, multigrain-based and others. On the basis of the form the market is segmented into 2d, tridimensional and die-face.
REGIONAL FRAMEWORK The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global snack pellet equipment market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The snack pellet equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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#Snack Pellet Equipment Market#Snack Pellet Equipment#Snack Pellet Equipment Market Growth#Snack Pellet Equipment Market Trend#Snack Pellet Equipment Market Forecast#Snack Pellet Equipment Market Research
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Snack Pellet Equipment Market Insights Deep Analysis 2020-2026
The research report on the global Snack Pellet Equipment Market provides a comprehensive outlook of the equipment and technological devices employed in the manufacturing of the Snack Pellet Equipment market products. From industry chain analysis to cost structure analysis, the report examines various factors of the industry, including production and end-use segments of the Snack Pellet Equipment market. The current trends in the pharmaceutical industry have been highlighted in the report to evaluate their influence on the overall output of the Snack Pellet Equipment market.
Competitive Landscape:
The Snack Pellet Equipment market is moderately competitive and includes numerous key players. When looking at market share, few industry players predominantly constitute the worldwide market. With the growing awareness among patients and high prevalence of diseases like cancer, new companies are also expected to find their way into the market in the near future.
Some of the major players engaged in the market are Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India) among others
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Results of the latest scientific undertakings for the development of new Snack Pellet Equipment products have also been considered. Factors that can potentially influence the leading industry players to implement synthetic sourcing of market products have also been studied in this investigative report. The inferences drawn in this study are valuable for any company operating in the industry. Every organization contributing to the global production of the Snack Pellet Equipment market products has been profiled in this report, in order to study the insights on cost-effective manufacturing methods, competitive landscape, and new avenues for applications.
With the existing market standards evaluated, this research report also explains the latest strategic initiatives and patterns of the market players in an unbiased way. The report can be construed as a presumptive business record that can aid the readers functioning in the global market devise their plans effectively, to reach the desired position in the market in the forecast period.
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For the purpose of this report, Reports and Data has segmented the Snack Pellet Equipment market on the basis of equipment type, product type, form and region:
Equipment (Revenue in Million USD; 2016–2026)
Extrusion/Cooking
Mixing/Forming
Cutting
Drying
Frying
Seasoning
Others
Single-Screw Extruder
Twin-Screw Extruder
Product (Revenue in Million USD; 2016–2026)
Potato-Based
Corn-Based
Rice-Based
Tapioca-Based
Multigrain-Based
Others
Cereals
Legumes
Form (Revenue in Million USD; 2016–2026)
2D
Tridimensional
Die-Faced
Laminated
Gelatinized
Regional Outlook (Revenue in Million USD; 2016–2026)
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Report Methodology:
The data contained in this report has been derived through both primary and secondary research methodologies.
Primary research methodology includes interaction with service providers, suppliers, and industry professionals. Secondary research methodology entails a thorough examination of relevant literature like company annual reports, financial reports, and exclusive databases.
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This report provides:
A comprehensive overview of the global market for Snack Pellet Equipment.
Evaluation of the global market trends, historical data analysis starting from 2011, prediction for the coming years, and estimation of compound annual growth rates (CAGRs) by the end of the forecast period.
Identification of new market prospects and targeted marketing approaches for Global Snack Pellet Equipment Market.
Evaluation of R&D, and the demand for new product launches and applications.
Extensive company profiling, highlighting leading participants operating in the industry.
Market structure, in terms of dynamic molecule types and targets, emphasizing the major industry resources and players.
The growth in patient epidemiology and gross revenue for the global market, including crucial players and market segments.
Examination the sector in terms of the generic and premium product revenue.
Assessment of commercial opportunities in the market sales scenario by inspecting the trends observed for authorizing and co-developing deals.
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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#Snack Pellet Equipment Market#Snack Pellet Equipment Market Size#Snack Pellet Equipment Market Share#Snack Pellet Equipment Market Trends
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Global Snack Pellet Equipment Market
Global Snack Pellet Equipment Market was valued US$ XX Bn in 2018 and is expected to reach US$ 2.3 Bn by 2026, at a CAGR of around XX % during a forecast period.
Global Snack Pellet Equipment Market
Growing adoption for processed snack pellets owing to busy lifestyles is driving the demand for snack pellet equipment market. Additionally, the increase in advancement in equipment & technologies of snack pellet is also projected to influence the snack pellet equipment market significantly. Moreover, the growing demand for various type of snack pellet food products among the individual in the developing nations is expected to fuel the snack pellet equipment market globally. Emerging, government initiatives to increase the processed snack pellet market, is expected to generate untapped opportunity for the market participants.
However, the Presence of acrylamide in processed and packaged foods, and harmful concerns related to high exposure to acrylamide is also expected to act as a restraint to the market growth.
The report covers all the trends and technologies playing a major role in the growth of the snack pellet equipment market over the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the market growth during the forecast period.
The potato-based segment is expected to grow at the highest XX% CAGR during the forecast period. Increasing user preference for ready-to-eat foods has led to a surge in demand for snack pellet equipment. The snack pellet market is determined by the growing need for convenience, owing to the busy lifestyles of consumers. Rising each capita income and the increasing number of working women globally have extra driven the snack pellet market growth.
The extrusion segment held the dominant XX% market share in 2018. The food industry requires high-quality and reliable equipment with advanced functionalities to produce effective results and satisfy the needs of consumers. Industrialists in the snack pellet extrusion market are mainly focusing on producing various forms of snack pellets for their customers globally. With the advancements in technology, the designs of extrusion screws have improved over the years with innovations.
The Asia Pacific is expected to hold the largest XX% share of the market for the snack pellet equipment during the forecast period. The growth of the region is majorly driven by the rapid urbanization and growing customer awareness of the benefit of snack pellets in various countries. Moreover, the growing working atmosphere in countries such as India and China also aids in the growth of Asia Pacific in the snack pellet equipment market.
A report covers the recent development in the snack pellet equipment market like in November 2017, GEA (Germany) acquired Pavan Group (Italy) to expand in the snack pellet equipment market and increase their market share.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Snack Pellet Equipment Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Global Snack Pellet Equipment Market.
Scope of the Global Snack Pellet Equipment Market
Global Snack Pellet Equipment Market, By Equipment Type
• Extrusion
Twin Screw Extruder
Single Screw Extruder
• Mixing
• Cutting
• Drying
• Frying
• Seasoning
Global Snack Pellet Equipment Market, By Product type
• Potato-based
• Corn-based
• Rice-based
• Tapioca-based
• Multigrain-based
Global Snack Pellet Equipment Market, By Form
• 2D
• Tridimensional
• Die-face
Global Snack Pellet Equipment Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Snack Pellet Equipment Market
• GEA Group
• Buhler AG
• Kiremko BV
• Groupe Legris Industries
• N.P. & Company
• Jas Enterprises
• Grace Food Processing & Packaging Machinery
• AC Horn Manufacturing
• Mutchall Engineering
• Radhe Equipments India
• Tsung Hsing Food Machinery
• Jinan Dayi Extrusion Machinery
• Clextral
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Growth Strategies Adopted by Major Players in the Snack Pellet Equipment Market
The report "Snack Pellet Equipment Market Product Type (Potato-Based, Corn-Based, Rice-Based, Tapioca-Based, Multigrain-Based), Form (2D, Tridimensional, Die-Faced), Equipment Type (Extrusion, Mixing, Cutting, Drying, Frying, Seasoning), and Region - Global Forecast to 2025" The snack pellet equipment market is estimated to account for nearly USD 1.0 billion in 2019 and is projected to reach a value of nearly USD 1.4 billion by 2025, recording a CAGR of 5.2% from 2019. Due to busy lifestyles and professional commitments, individuals have limited time to prepare food at home. The snack pellet market is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, increasing consumer preference for processed foods indirectly contributes to the growing demand for snack pellets as they require less time and efforts to prepare. This, in turn, is projected to drive the growth of the snack pellet equipment market.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136666490
By product type, the potato-basedsegment is estimated to account for the largest share in the snack pellet equipment market in 2019.
On the basis of product type, the potato-based segment is estimated to dominate the snack pellet equipment market in 2019. This is due to the increasing consumer preference for convenience foods, which indirectly drives the increasing demand for snack pellets products, as they require less time and efforts. Currently, snack pellet manufacturers are focusing on adopting advanced technologies and offering GM potatoes to drive the demand for potato pellets. GM potatoes are protein-packed potatoes with approximately 35%–60% protein content, which makes it more preferable. This, in turn, is projected to drive the growth of the snack pellet equipment market.
The snack pellet equipment market is projected to witness strong growth due to the increasing advancements in equipment and technologies.
Earlier, snack pellet manufacturers used different extruders for making pellets based on various raw materials that have different characteristics and cooking time. However, with the upgradation and automation, snack pellet manufacturers are adopting extrusion systems that produce three-dimensional pellets, thus providing better end products to its customers. Moreover, advanced manufacturing processes enhanced the bulk production capacity and shelf life of pellets, prior to frying or puffing. In addition, these improvements in the manufacturing process offer advantages such as innovative designs and capital cost reduction, which is projected to contribute to the market growth.
Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=136666490
North America is estimated to dominate the snack pellet equipment market in 2019.
North America is estimated to account for the largest market share in the snack pellet equipment market in 2019. The North American region witnesses the presence of various established snack pellet manufacturing companies that are increasing their production capacity due to the rising demand for ready-to-eat snacks. This is projected to create an opportunity for manufacturers in the snack pellet equipment market to expand in North America. Busy lifestyles of consumers reduce the time available for homemade snacks; this increases the demand for convenience foods. In addition, increasing health consciousness and concerns for food safety have encouraged the production of light and convenient snack foods such as snack pellets. These factors are projected to drive the snack pellet equipment market during the forecast period.
This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the snack pellet equipment market. It also includes the profiles of leading companies such as Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India), Tsung Hsing Food Machinery Co., Ltd. (Taiwan), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India), and Radhe Equipments India (India).
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Latest Regulatory Trends Impacting the Snack Pellet Equipment Market
The report "Snack Pellet Equipment Market Product Type (Potato-Based, Corn-Based, Rice-Based, Tapioca-Based, Multigrain-Based), Form (2D, Tridimensional, Die-Faced), Equipment Type (Extrusion, Mixing, Cutting, Drying, Frying, Seasoning), and Region - Global Forecast to 2025" The snack pellet equipment market is estimated to account for nearly USD 1.0 billion in 2019 and is projected to reach a value of nearly USD 1.4 billion by 2025, recording a CAGR of 5.2% from 2019. Due to busy lifestyles and professional commitments, individuals have limited time to prepare food at home. The snack pellet market is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, increasing consumer preference for processed foods indirectly contributes to the growing demand for snack pellets as they require less time and efforts to prepare. This, in turn, is projected to drive the growth of the snack pellet equipment market.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136666490
By product type, the potato-based segment is estimated to account for the largest share in the snack pellet equipment market in 2019.
On the basis of product type, the potato-based segment is estimated to dominate the snack pellet equipment market in 2019. This is due to the increasing consumer preference for convenience foods, which indirectly drives the increasing demand for snack pellets products, as they require less time and efforts. Currently, snack pellet manufacturers are focusing on adopting advanced technologies and offering GM potatoes to drive the demand for potato pellets. GM potatoes are protein-packed potatoes with approximately 35%–60% protein content, which makes it more preferable. This, in turn, is projected to drive the growth of the snack pellet equipment market.
The snack pellet equipment market is projected to witness strong growth due to the increasing advancements in equipment and technologies.
Earlier, snack pellet manufacturers used different extruders for making pellets based on various raw materials that have different characteristics and cooking time. However, with the upgradation and automation, snack pellet manufacturers are adopting extrusion systems that produce three-dimensional pellets, thus providing better end products to its customers. Moreover, advanced manufacturing processes enhanced the bulk production capacity and shelf life of pellets, prior to frying or puffing. In addition, these improvements in the manufacturing process offer advantages such as innovative designs and capital cost reduction, which is projected to contribute to the market growth.
Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=136666490
North America is estimated to dominate the snack pellet equipment market in 2019.
North America is estimated to account for the largest market share in the snack pellet equipment market in 2019. The North American region witnesses the presence of various established snack pellet manufacturing companies that are increasing their production capacity due to the rising demand for ready-to-eat snacks. This is projected to create an opportunity for manufacturers in the snack pellet equipment market to expand in North America. Busy lifestyles of consumers reduce the time available for homemade snacks; this increases the demand for convenience foods. In addition, increasing health consciousness and concerns for food safety have encouraged the production of light and convenient snack foods such as snack pellets. These factors are projected to drive the snack pellet equipment market during the forecast period.
This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the snack pellet equipment market. It also includes the profiles of leading companies such as Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India), Tsung Hsing Food Machinery Co., Ltd. (Taiwan), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India), and Radhe Equipments India (India).
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Key Trends Shaping the Snack Pellet Equipment Market
The report "Snack Pellet Equipment Market Product Type (Potato-Based, Corn-Based, Rice-Based, Tapioca-Based, Multigrain-Based), Form (2D, Tridimensional, Die-Faced), Equipment Type (Extrusion, Mixing, Cutting, Drying, Frying, Seasoning), and Region - Global Forecast to 2025", The snack pellet equipment market is estimated to account for nearly USD 1.0 billion in 2019 and is projected to reach a value of nearly USD 1.4 billion by 2025, recording a CAGR of 5.2% from 2019. Due to busy lifestyles and professional commitments, individuals have limited time to prepare food at home. The snack pellet market is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, increasing consumer preference for processed foods indirectly contributes to the growing demand for snack pellets as they require less time and efforts to prepare. This, in turn, is projected to drive the growth of the snack pellet equipment market.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136666490
By product type, the potato-based segment is estimated to account for the largest share in the snack pellet equipment market in 2019.
On the basis of product type, the potato-based segment is estimated to dominate the snack pellet equipment market in 2019. This is due to the increasing consumer preference for convenience foods, which indirectly drives the increasing demand for snack pellets products, as they require less time and efforts. Currently, snack pellet manufacturers are focusing on adopting advanced technologies and offering GM potatoes to drive the demand for potato pellets. GM potatoes are protein-packed potatoes with approximately 35%–60% protein content, which makes it more preferable. This, in turn, is projected to drive the growth of the snack pellet equipment market.
The snack pellet equipment market is projected to witness strong growth due to the increasing advancements in equipment and technologies.
Earlier, snack pellet manufacturers used different extruders for making pellets based on various raw materials that have different characteristics and cooking time. However, with the upgradation and automation, snack pellet manufacturers are adopting extrusion systems that produce three-dimensional pellets, thus providing better end products to its customers. Moreover, advanced manufacturing processes enhanced the bulk production capacity and shelf life of pellets, prior to frying or puffing. In addition, these improvements in the manufacturing process offer advantages such as innovative designs and capital cost reduction, which is projected to contribute to the market growth.
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North America is estimated to dominate the snack pellet equipment market in 2019.
North America is estimated to account for the largest market share in the snack pellet equipment market in 2019. The North American region witnesses the presence of various established snack pellet manufacturing companies that are increasing their production capacity due to the rising demand for ready-to-eat snacks. This is projected to create an opportunity for manufacturers in the snack pellet equipment market to expand in North America. Busy lifestyles of consumers reduce the time available for homemade snacks; this increases the demand for convenience foods. In addition, increasing health consciousness and concerns for food safety have encouraged the production of light and convenient snack foods such as snack pellets. These factors are projected to drive the snack pellet equipment market during the forecast period.
This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the snack pellet equipment market. It also includes the profiles of leading companies such as Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India), Tsung Hsing Food Machinery Co., Ltd. (Taiwan), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India), and Radhe Equipments India (India).
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Growth Opportunities in the Snack Pellet Equipment Market
The report "Snack Pellet Equipment Market Product Type (Potato-Based, Corn-Based, Rice-Based, Tapioca-Based, Multigrain-Based), Form (2D, Tridimensional, Die-Faced), Equipment Type (Extrusion, Mixing, Cutting, Drying, Frying, Seasoning), and Region - Global Forecast to 2025" The snack pellet equipment market is estimated to account for nearly USD 1.0 billion in 2019 and is projected to reach a value of nearly USD 1.4 billion by 2025, recording a CAGR of 5.2% from 2019. Due to busy lifestyles and professional commitments, individuals have limited time to prepare food at home. The snack pellet market is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, increasing consumer preference for processed foods indirectly contributes to the growing demand for snack pellets as they require less time and efforts to prepare. This, in turn, is projected to drive the growth of the snack pellet equipment market.
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By product type, the potato-based, segment is estimated to account for the largest share in the snack pellet equipment market in 2019.
On the basis of product type, the potato-based segment is estimated to dominate the snack pellet equipment market in 2019. This is due to the increasing consumer preference for convenience foods, which indirectly drives the increasing demand for snack pellets products, as they require less time and efforts. Currently, snack pellet manufacturers are focusing on adopting advanced technologies and offering GM potatoes to drive the demand for potato pellets. GM potatoes are protein-packed potatoes with approximately 35%–60% protein content, which makes it more preferable. This, in turn, is projected to drive the growth of the snack pellet equipment market.
The snack pellet equipment market is projected to witness strong growth due to the increasing advancements in equipment and technologies.
Earlier, snack pellet manufacturers used different extruders for making pellets based on various raw materials that have different characteristics and cooking time. However, with the upgradation and automation, snack pellet manufacturers are adopting extrusion systems that produce three-dimensional pellets, thus providing better end products to its customers. Moreover, advanced manufacturing processes enhanced the bulk production capacity and shelf life of pellets, prior to frying or puffing. In addition, these improvements in the manufacturing process offer advantages such as innovative designs and capital cost reduction, which is projected to contribute to the market growth.
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North America is estimated to dominate the snack pellet equipment market in 2019.
North America is estimated to account for the largest market share in the snack pellet equipment market in 2019. The North American region witnesses the presence of various established snack pellet manufacturing companies that are increasing their production capacity due to the rising demand for ready-to-eat snacks. This is projected to create an opportunity for manufacturers in the snack pellet equipment market to expand in North America. Busy lifestyles of consumers reduce the time available for homemade snacks; this increases the demand for convenience foods. In addition, increasing health consciousness and concerns for food safety have encouraged the production of light and convenient snack foods such as snack pellets. These factors are projected to drive the snack pellet equipment market during the forecast period.
This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the snack pellet equipment market. It also includes the profiles of leading companies such as Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India), Tsung Hsing Food Machinery Co., Ltd. (Taiwan), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India), and Radhe Equipments India (India).
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Sustainable Growth Opportunities in the Snack Pellet Equipment Market
The snack pellet equipment market is estimated to account for nearly USD 1.0 billion in 2019 and is projected to reach a value of nearly USD 1.4 billion by 2025, recording a CAGR of 5.2% from 2019. Due to busy lifestyles and professional commitments, individuals have limited time to prepare food at home. The snack pellet market is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, increasing consumer preference for processed foods indirectly contributes to the growing demand for snack pellets as they require less time and efforts to prepare. This, in turn, is projected to drive the growth of the snack pellet equipment market.
The extrusion segment is estimated to dominate the global snack pellet equipment market in 2019.
By equipment type, the extrusion segment is estimated to dominate the global snack pellet equipment market in 2019. The food industry requires high-quality and reliable equipment with advanced functionalities to produce effective results and satisfy the needs of consumers. Manufacturers in the snack pellet extrusion market are mainly focusing on producing various forms of snack pellets for their customers globally. With the advancements in technology, the designs of extrusion screws have improved over the years with new innovations. The two major types of extrusion equipment are single-screw extruder and twin-screw extruder. The demand for these screws remains high due to their enhanced productivity and ability to manufacture snack pellets of high-quality at low cost. At the design stage of the extrusion process, it is crucial to evaluate the performance of the screw.
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The 2D segment is estimated to account for the largest share in the snack pellet equipment market in 2019.
By form, the 2D segment is estimated to account for the largest share in the snack pellet equipment market in 2019. The 2D form of snack pellets witnesses significant demand among individuals globally. The 2D snack pellet equipment plant consists of machines such as cooking, perforation unit, a laminating system, cooling systems, cutting unit, pre-drying zone, and frying system. This equipment sets the 2D shape and helps in forming the uniform thickness of the snack pellets. The 2D form of snack pellets is used to obtain snack pellets in various shapes such as twist pellets, round shape pellets, flower shape pellets, and star shape pellets. Thus, the increasing consumer preference for enhanced designs in snack pellet drives the growth of the 2D segment.
North America is estimated to dominate the snack pellet equipment market in 2019.
North America is estimated to account for the largest market share in the snack pellet equipment market in 2019. The North American region witnesses the presence of various established snack pellet manufacturing companies that are increasing their production capacity due to the rising demand for ready-to-eat snacks. This is projected to create an opportunity for manufacturers in the snack pellet equipment market to expand in North America. Busy lifestyles of consumers reduce the time available for homemade snacks; this increases the demand for convenience foods. In addition, increasing health consciousness and concerns for food safety have encouraged the production of light and convenient snack foods such as snack pellets. These factors are projected to drive the snack pellet equipment market during the forecast period.
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This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the snack pellet equipment market. It also includes the profiles of leading companies such as Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India), Tsung Hsing Food Machinery Co., Ltd. (Taiwan), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India), and Radhe Equipments India (India).
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Snack Pellet Equipment Market Projected to Reach $1.4 Billion by 2025
The report "Snack Pellet Equipment Market Product Type (Potato-Based, Corn-Based, Rice-Based, Tapioca-Based, Multigrain-Based), Form (2D, Tridimensional, Die-Faced), Equipment Type (Extrusion, Mixing, Cutting, Drying, Frying, Seasoning), and Region - Global Forecast to 2025" The snack pellet equipment market is estimated to account for nearly USD 1.0 billion in 2019 and is projected to reach a value of nearly USD 1.4 billion by 2025, recording a CAGR of 5.2% from 2019. Due to busy lifestyles and professional commitments, individuals have limited time to prepare food at home. The snack pellet market is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, increasing consumer preference for processed foods indirectly contributes to the growing demand for snack pellets as they require less time and efforts to prepare. This, in turn, is projected to drive the growth of the snack pellet equipment market.
The extrusion segment is estimated to dominate the global snack pellet equipment market in 2019.
By equipment type, the extrusion segment is estimated to dominate the global snack pellet equipment market in 2019. The food industry requires high-quality and reliable equipment with advanced functionalities to produce effective results and satisfy the needs of consumers. Manufacturers in the snack pellet extrusion market are mainly focusing on producing various forms of snack pellets for their customers globally. With the advancements in technology, the designs of extrusion screws have improved over the years with new innovations. The two major types of extrusion equipment are single-screw extruder and twin-screw extruder. The demand for these screws remains high due to their enhanced productivity and ability to manufacture snack pellets of high-quality at low cost. At the design stage of the extrusion process, it is crucial to evaluate the performance of the screw.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136666490
The 2D segment is estimated to account for the largest share in the snack pellet equipment market in 2019.
By form, the 2D segment is estimated to account for the largest share in the snack pellet equipment market in 2019. The 2D form of snack pellets witnesses significant demand among individuals globally. The 2D snack pellet equipment plant consists of machines such as cooking, perforation unit, a laminating system, cooling systems, cutting unit, pre-drying zone, and frying system. This equipment sets the 2D shape and helps in forming the uniform thickness of the snack pellets. The 2D form of snack pellets is used to obtain snack pellets in various shapes such as twist pellets, round shape pellets, flower shape pellets, and star shape pellets. Thus, the increasing consumer preference for enhanced designs in snack pellet drives the growth of the 2D segment.
North America is estimated to dominate the snack pellet equipment market in 2019.
North America is estimated to account for the largest market share in the snack pellet equipment market in 2019. The North American region witnesses the presence of various established snack pellet manufacturing companies that are increasing their production capacity due to the rising demand for ready-to-eat snacks. This is projected to create an opportunity for manufacturers in the snack pellet equipment market to expand in North America. Busy lifestyles of consumers reduce the time available for homemade snacks; this increases the demand for convenience foods. In addition, increasing health consciousness and concerns for food safety have encouraged the production of light and convenient snack foods such as snack pellets. These factors are projected to drive the snack pellet equipment market during the forecast period.
Request for Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=136666490
This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the snack pellet equipment market. It also includes the profiles of leading companies such as Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India), Tsung Hsing Food Machinery Co., Ltd. (Taiwan), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India), and Radhe Equipments India (India).
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